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Search Results 0 to 32 of about 33 (some duplicates have been removed)
. and in doing that, we will realize in circumstances where we will have the deficits where the general fund will have additional dollars. so we are proposing that in the event that occurs, that if we continue to collect the revenue more than we need for that service, we would fund that med assessments will repay the city for those deficits. the next one is the stabilization fund, we know which hotel and revenues that are volatile, so the city negotiater will travel that will fund a stablization fund for future losses in all losses in revenues. and the amounts of $15 million and the goal is that as we move that portion of that $15 million it gets replenished and so it will be maintained through the term of the cod. in addition, as you know, the term of the district expires in 2045, we are proposing that we sell cops through 2047. typically when you sell bonds >> once they are satisfied this could go back to fund the future development and capital improvement to the center. so if you look at the cash flows, you will see that the number include the med pairs, we are going to use a combination
and the white house that set the deadline in hopes of forcing each other to cut the federal budget deficit and begin to address the growing national debt. of the half trillion dollars the fiscal cliff is designed to cut in red ink next year, 80% of it comes in the form of higher taxes. under current law, 20% comes from lowering government spending. this is just the first step as part of a $7 trillion effort to cut the debt over the next decade. that has led some to describe what could be coming as a fiscal slope, not a cliff. whatever geological description you prefer, it is on the map for every american. >> susie: a critical issue in this fiscal cliff debate: jobs. if the government cuts spending and rais taxes all at once on january 1, the economy will lose 2.5 million job sylvia hall reports. >> reporter: in this baltimore lab, dr. curt civin researches leukemia in search of a cure. it's hardly a political job, but these days he's keeping a close eye on the federal budget. you see, the sequester-- the severe spending cuts headed our way in january-- could affect him. if it takes affect,
their course options. at the same time after we did that, there was this giant deficit we felt through the city -- through the state. then it was how we implement these new requirements while we experience these cuts. so school sites experienced it because they got less money than they had before. and why you heard some going from a seven to six-period day to make those choices to support their core program. they have all done these different cuts. and then we had the additional hit of what happened from the state with the after-school fund. because we weren't anticipating that. >> right. >> and i think that the school district eliminated evening schools that we still had that safety net. now we have an awareness and responsibility to reallocate and reprioritize in this new budgeting cycle. to be sure that we are meeting the needs of the students for graduation in the school district. i am not in a position to say 2.7 but to meet the needs. >> this may be a question more to young or the superintendent. which is to say that what we see before us is a supplemental request for $2.7 million. to pro
the city needs, this is not going to solve the city's deficit problems because the deficit problems are endemic. the start of the federal government. it starts with a policy of war. does not come from cabdrivers. what you are doing would have little effect of the budget robin; it will have a devastating effect on those people. i know this will not have no effect on director heinicke, but i will hope that the rest of you will take about this change your mind about what you have already decided to do. thank you very much. [indiscernible] >> hi i am barry [indiscernible] i don't have a whole lot to say because i have already been saying it, and people have been saying the same thing. cabdrivers are some of the lowest paid people here; they may have busy nights, the ones who work the good shifts might make some money but the others have to work this slow shifts; they make around 25,000 here, they stay in the business hoping to get a medallion, and what you guys are doing is taking the money that a career cabdrivers look forward to, they don't get any benefits, they don't get empl
trillion deficit and $17 trillion in debt like putting a band-aid on a grenade wound. >> wasn't the choice very clear in the election, republicans said no tax increases and they got a president who said, well have them and they lost seats in the senate. >>guest: they did but they kept the house of representatives and the americans voted if a government with two parties that control different areas of the government. if there is a mandate it is that americans want both sides to get together to compromise, to work out a solution, and i don't think it was by any means endorsement of raising taxes for the sake of raising taxes. that is worst case scenario for republicans. there is another way, and it is closing loopholes and deductions. >> do all republicans know it? you speak to senator chambliss who says i am doing what is best for the country not living with the no tax hike pledge? >>guest: absolutely, senator chambliss, i cannot speak if him personally but most republicans would say there is a better way to fix the deficit and decrease our national debt and that is what negotiation is abou
to fully fund education. another term for this gap between the blue and orange lines is the deficit factor. it's a term in california school of finance. and that is now over 22%. so for every dollar of baseline revenues we should be receiving, we are receiving 78 cents of funding. and that is being scored and tabulated each year by the state. and it is hopefully going to be restored over time. but in the past six years we have been making do with the resources you see on this chart. >> just to clarify, that's the projected statutory cola, the difference between that and
-14 but it was different today in the turkey bowl. the mustangs were 10-1. the mission bears come back from a 14-0 deficit. when number 4 dives in for a touchdown, bears take a lead. the quarterback finds number 3, his big 60-yard play. sets up the touchdown plunge. 23 seconds left. mustangs score. that is it. from the mr. go to guy. they win the city section championship 22-21 over the mission bears. san jose bull dogs brought their undefeated record into the big bone game today at the san jose city college. san jose high, a ball just -- just sitting there. somebody pick it up. finally cruz. watch him down the field. across the field. 60 yards. down to the 5-yard line. lions beat the bull dogs 55-13. both schools finish with 9-1 records. dallas cowboys are the most recent believers in the new star power of rg3. washington spent thanksgiving in dallas today and robert griffin iii adds more big plays to his resume. a 60-yard touchdown. robert griffin iii completes 20- 28 passes. 4 touchdowns and a pick. washington scores 28 points in the 2nd quarter. this is rg3's pass to pierre garcon for another 59-yard
-0 deficit. 21-14 late in the game, but lincoln comes back to score the two-point conversion by tyree. 22-21! >> we worked hard from the beginning. all we did, all the fighting, we were torn. and it's great to happen! >> i'm very proud of this team. we've been through ups and downs, injuries all year. i love my team! >> last week, we said, hey, we're gonna eat some turkey. we're gonna be champions. >> who would have won? we would have never did it! >> right. all right. nfl, 49er business. quarterback alex smith practiced today. he reportedly has been medically cleared to play, but the team is denying it. so is it colin kaepernick at center in new orleans? jim harbaugh speaks tomorrow afternoon at niner headquarters. >>> hey, did you hear? it's thanksgiving! right place, right time, in the woodside high school. runs it back for a touchdown. he scored six in the last two games. 49-19. they get the best of the jets. >>> college basketball, cal up. richard solomon. no foul called. he gets teed up. moments later, mike montgomery gets up. bears trailed by as much as eight but they come on back.
and exceeded that requirement. we have a structural deficit for the current fiscal year and the years 2013, 14, and that is $34 million each year. our projections is now that we will reduce that fund balance in the current year to about $26 million at the end of the current fiscal year. and next year that we will -- if we don't take very serious steps to reduce expenditures or increase revenues, that we will actually have a negative ending fund balance of $4 million. and considering that we must maintain a positive fund balance of $15 million, that will give us short fall. >> just to be clear your reserve is $50 million dollars and 15 i required. and at the end of this year you expect to be at a level of $26 million. >> correct. >> what is the balance you used to plug your budget this year? the difference between the 50 million and the 26 million. you are using the reserve to balance. >> correct, drawing down reserves to reducing the fund balance by that amount. >> okay, and i guess the other question, it's clear in terms of summer school that was cut and evening school. those are areas where
this -- that is working, the employee does is retired, and his benefits. which would cut down the deficit, cut down just about everything you could think of perry taxes in half, property taxes would be cut. you would have a whole new system. guest: there are certainly a whole range of proposals like this on the table, to shift money around, especially money that has not been spent in the last decade on the wars. there are a whole range of things that can be done. the current situation, running annual deficits in the neighborhood of $1 trillion, it is quite clear there is going to have to be a whole range of things that is going to have to be done to get the whole -- the number down to something more palatable. host: pensacola, florida, republican. go ahead, laura perry -- laura. caller: first of all, if $1.20 trillion, right, it is over 10 years. is that a real cut or is it a cut in the projected increase? guest: it is a cut in the baseline, so the projected increase. a very good point. in one year, 2009, we increased spending by almost $1 trillion. it was not just a one-time shot. so, we can't cut it i
to be borrow and added to the deficit every year. naturally is part of the deficit-reduction discussions. the group supporting the attack site include state highway officials, road builders, trucking associations, the simpson-bowles planner it proposed raising the tax as well. there's another tax in the fiscal cliff and possible gas tax is not the only tax to hit the bottom line. deal or no deal, hold on to your wallet. here with more, the senior tax policy analyst for the heritage foundation. always nice to have you on the show. let's talk about the bottom line for so many people out there, it will hit so many folks, 90% of households, almost impossible to escape and create that. >> everyone's taxes will go u on january 1st. imrtant to point out we're talking about today which is raising taxes. that is off point the fiscal cliff is here because we're ending tooomuch. we are the precedents of the debt crisis because we're spending too much. how we can raise taxes and talk about raising the gas tax, nothing to do with cutting spending which is where w should be directing our attention. ge
deal. that is where the deficit is. it is in at $800 billion stimulus. you are looking for where the deficit comes from some saves medicare and social security. it is that need hundred billion dollars that became permanent. >> absolutely. it did. here is the shocking thing about washington. every year the politicians try out these things like tom coburn trots out his waist book every year. hundreds of billions of dollars in identified waste, waste, fraud, duplicated services and every year they get on the camera and say this is terrible and horrible we need to do some good about it and they never do anything about it and folks like john boehner who doesn't even talk about eliminating fraud and waste and duplicated services. dave: the onus is on you and the other tea party years all over the country. where is that 2,010 tea party coalition? how can it be reenergize? how can it be put into effect again? >> you will see it in 2013. what is going to happen the republicans in the house of representatives are going to cave on taxes and spending and when that happens you will see that a
a dent in the deficit or the national debt. the government is a ravenous beast. jon: that is the point, that monica makes. even if you take the tax rates back for the richest americans to where president obama says today really should be, you're really not going to take care of the national debt in a significant way. >> no, you're not. but, you know, these republicans that talk about this today, most of them voted in the senate and the house for the medicare prescription drug plan under or george bush. that exploded the deficit tremendously. both of them voted for two wars, even if you think they were necessary, with no offsetting revenue to fund those wars. when you have spending like that that these republicans backed ten years ago, never had a problem with, and all of a sudden now they're saying we've got principles, you know, where were these principles ten years ago? >> first of all, fiscal conservatives like me were screaming at president bush and others who went down -- >> but where was the primary for those people? >> but remember, remember, the deficit that president bush left
with a planned deficit reduction by 2013. these cuts are what we refer to as sequestration. this would mean an across the board cut of between 7% and 10% of all defense and non-defense federal spending irrespective of policy or its impact on everyday people. these cuts would be absolutely devastating to our national and local economies. our -- show that sequestration will reduce federal funding direct to san francisco by at least 26.5 million dollars a year, every single year. we would see over $5 million of cut to education, and almost $3 million of cuts from public housing. san francisco's allocation of medicare would be cut by $2 million. funding for the wic workforce program would lose almost $5 million. there would be a $1 million cut to housing services for people with hiv and aids and more than $1 million cut to the community development block grant program. ladies and gentlemen, this is our safety net. and our safety net's already strained by years of state cuts and it cannot sustain these additional reductions in federal funding. in addition to the cuts i have just detailed, there
service announced a 15.9 billion in losses, the agency is trying to recoup the deficit. starting inep december 12th. they will follow ebay and amazon and walmart and offer same day delivery. the metro post ames to boost profits by taking advantage of holiday shoppers who get their hands on last-packages and the agency is teaming up with 8-10 retailers to offer it at a $10 flat rate fee. we know that customers will have to place their orders by two o'clock p.m. the latest and items will be delivered between four and eight the same day. they hope to generate 10-50 million. and it expected 20 percent jump in package volume which is more than the rivals. they will look to expand it in other major like new york, boston and chicago et cetera. the outlook is bleak even if it makes maxed profit. that is not enough to plug the budget hole and not taking boo - into the account to run the program. >> we are all pulling for the postal service. time right now. 17 after the hour. it was an iconic image of sandy. new york city crane twisted in half and damaging buildings and now business owners are
could possibly get from increasing taxes on the rich is a billion dollars. his deficit over four years is $1 trillion every single year and that is because that $800 billion stimulus which was supposed to be a 1-shot deal has become repetitive. >> what makes matters worse is the president and these people in washington, all 535 of them inside a certain institution, they don't understand that 60% of the income in the private business world comes from folks making over $200,000 all of whom run private businesses and holes that the vessel partnerships and they get taxed at their effective personal right. people don't understand how wide this is going to be. dave: above all else what bothers me is the name. economic patriotism is the name the president used. these are called patriotic -- the idea you can send a son to work, you can pay 50% of your income in taxes and if you don't agree with taxing the rich you are unpatriotic. that -- [talking over each other] >> it is belittling and pejorative, who pay money into the system, if you pay money into the system you have skin in the game. huge
to a spectrum of use. what we are telling washington, you are running a deficit for the fourth year in a row and yet you can borrow money almost for nothing. so why don't you just wait another year or two years. who wants to take the fall? who wants to take the political heat if you can borrow money for five years, which is what they are doing now. neil: we are building another debt bubble? >> yes, we are doing so. >> i don't know what you call it. we've never been there before, we've never had a central bank. we've never had anything like th. >> you don't think it can walk past the graveyard mh longer? >> i don't think so. i don't think we can whistle the tune very much longer. >> okay. neil: if you had a lead suit you would buy it. [laughter] neil: david, thank you so much. the president is now speaking out. that coming up next before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function star
, you are running a deficit for the fourth year in a row and yet you can borrow money almost for nothing. so why don't you just wait another year or two years. who wants to take the fall? who wants to take the political heat if you can borrow money for five years, which is what they are doing now. neil: we are building another debt bubble? >> yes, we are doing so. >> i don't know what you call it. we've never been there before, we've never had a central bank. we've never had anything like that. >> you don't think it can walk past the graveyard much longer? >> i don't think so. i don't think we can whistle the tune very much longer. >> okay. neil: if you had a lead suit you would buy it. [laughter] neil: david, thank you so much. the president is now speaking out. that coming up next neil: probably not a fox alert to tell you that huge celebrities like democrats, they actually help the president win if you think about it. but not every star was going gaga over the president. suzanne somers says that that is a risk for them as well. if you are conservative, you are not welcome in hollywood
. >> we would be in a deficit situation by -- yeah. probably $1,500 to $1,800. in the short term we need to create income. >> john thinks it is diane who has to step up and find a job. any job. their marriage therapist agrees. >> i think the underlying issue for you, diane, i think there's a reluctance on your part to do something that is beneath you. you know, you're highly educated. you have a lot of experience. and i think there's this bit of inner snob in you. >> i mean, if you were to get a full-time job tomorrow that only paid what i'm earning at the running company, you know what? we would pay our bills. >> we would? >> we would pay our bills. >> for diane, john's sudden assertiveness appears to be a wake-up call. >> i was hoping that things would come together sooner, but they haven't. so here we sit and, you know, i have to grow up. i have to face some very hard facts and make some hard choices. >> see how it goes. >> yeah. >> hopefully it's very temporary. >> john has taken on an additional part-time job with an office cleaning company. diane agrees to share the work load. >> a
-- or betting there will be a huge issues in the coming years on these -- on the deficit issue, you may want to keep it off the table. >>> there's a third area there. i don't talk to anybody, steve or our guest, who doesn't think the u.s. can easily ramp up growth. the real discussion i don't think is the true u.s. economy. i thinkist the moguling being throw in front of it, our self-inflected issues, you know, last time around we sequestration. are we going to have sequestration 2? of course we'll put a band-aid, but we need leverage to have reform predicated to surrender on the band-aid. >>> we've got to go, guys. i've got to go with this. we've got to move on. this is the last hour of trading, so we've got to move here. thank you for your thoughts today. steve, thank you, you're voting on a committee of politicians. i find hope in that somehow. >> yeah. you're in the hopeful camp. >> hoping at the last moment they will do the right thing. >> was that a pig that just flew by? the market is slowly coming off the lows. >> instead the last time the markets closed in positive territory on blac
. >> well, at some point everyones says in washington we have to do something about the deficit, and here's a good place to start.str if you need to actually bring i, revenue, the best place do it is where it does the least harmt that's on tax cuts for the wealthy. that's something that's really unassailable. now, if we were in conditions when we didn't have any deficiti issues, of course, we wouldn't have any need to raise taxes on anyone one, but we have competing priorities and have to find a way to pay for them. melissa: we have a spendingwe problem, h drunken sailors, a credit car to run forever, and we just can't. >> that also has consequences.ee as everyone knows with the looming so-called fiscal cliff discussion, if you cut too muchu you also drive the economy into an abyss so, you know, we'd all like to say we cut spending and live within our means, but it's not as simple as that.ple you can also cut spending too much so that you actually hurtrt the economy you're supposed to help. melissa: so, i agree with whath you are saying, and this is too civil. i got to derail it somehow o
. property tax, that's another huge one. everybody says, yes, the deficit, it's all a big problem. and it's true. you can't continue to run these trillion-dollar deficits. but when you get down to the nitty-gritty about what you're actually going to cut, that's what's really hard, joe. >> if they don't fix it, it's going to be in everybody's backyard. thanks so much. >> that's right. >>> does the israel/gaza cease-fire prove that the u.s. can negotiate with what it's called a terror group? what about al qaeda? the implications next. load your, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> fresh clashes between protesters and riot p
four minutes left mcfarland scores. they erased a 14-0 deficit and led 21-14. lincoln within one decided to go for two and the win. and tyree mar set that got through and lincoln wins an epic thriller 22-21. >> we worked hard from the beginning. all we did all the fighting an all the blood. all the hills. we'll worked hard. i feel great to have this. >> i'm very proud of this team. we battled all season through ups and downs injuries all year. it's just so much that we could do. i love my team. >>> last week you said, hey, we're going to eat some turkey and be champions. >> we are here! my team fought with me! [ applause and cheers ] >> congratulations to the mustangs. >>> thanksgiving is usually reseven for families to get together. sadly that is not entirely the case for one player we found this week. that's mission offensive and defensive tackle main filet on the right. overcome with emotion. thanksgiving for him is bittersweet not just because of the loss to lincoln but because his older brother tyrell has missed another game what do you think your brother would say to you r
cuts in any of the entitlement programs. they do want the deficit cuts. you can't have it all, right? >> right. well, if you look at the exit polling, most were supportive of raising rates on the rich and that has been consistent throughout this election season. i'm bullish. i don't know if it's the turkey or the drink or the redskins victory yesterday affecting me here but i'm bullish that there will be a solution. you have three dynamics here at play. you have a president who is significantly stronger, i think, speaker boehner is stronger inside of his conference. you have republican governors, people like bill kristol who seem to be saying positive things, encouraging things on tax rates which provide a permission slip for republican legislators to be supportive. and then i think the tone inside of washington is markedly different than a year and a half ago on both sides. >> it can all come down to the wording, though, robert, and one of the sticking points remains revenue versus taxes. "the new york times" reports negotiators are looking heavily at the idea of making the wealthy
francisco championship game 22- 21 over the defending champion mission high. mission erased a 14-0 deficit but lincoln later took the lead for good with a two-point conversion. >>> now, the play of the day of from college basketball. memphis' chris with the alley- oop to team may d.j. stephens who dunked it in but in the end, unbelievable virginia commonwealth upset number 17 memphis 78-65. >> i could watch that all day. >> good luck. >> that was a great play. >> 5:25 now. black friday shopping is going full blast and weave we have team coverage. >> look overhead. lots of shoppers full parking lots all people trying to cash in on black friday deals. coming up we'll hear what those deals are. >> reporter: in daly city retailers opened early for door buster deals but one retailer took a different approach and opened later than usual this black friday. i'll tell you who and why. tell me that i did a good job. tell me we'll always be together. ♪ tell me i've still got it. that our traditions matter. tell me you love me for who i am. that you can't wait to be home. tell me you're glad i've jo
, the deficits are going to go even higher. >> oh, yeah. even a maximum deal, i think, all of us would agree is not going to happen. simpson-bowles is not going to go through. even that would not be commensurate with the question. and i think what exacerbates this is every day that passes, the president works on one kind of clock. and everybody else invested in the system works on a different one. the president's clock is now just ticking toward history. everybody else is ticking toward the next election. both in '14 and in '16. and the human reality of politics is that as he starts to think more long term, everybody else is going to be imprisoned, if you will, or trapped, constrained by having to go back and getting re-elected. >> let me stop you for one second. you're a historian. i am a politician by trade when it comes to this stuff. and i can tell you the clock is actually, in my opinion, the clock is actually ticking fastest for the president. because at some point, the republicans are going to pick themselves up off the ground, and they're going to say, wait a second. i got 78% in my
, but the post says, quote, there are a lot of ways that deficit reduction cuts could reduce spending on obama kay. so -- obamacare. so is that where this is headed, what they describe as small tweaks acceptable to both sides? they wouldn't dismantle the law, but they would decrease it? >> i think there's a real chance that democrats will agree to scale back some of the subsidies to insurance on the exchanges. they're going to have to face a real tough choice; do you want to scale back spending on programs that people have been on for decades like social security and medicare, or do you want to scale back the projected spending on a program no one's gotten a check from yet? i think we'll see republicans and democrats agree to reduce the spending in the affordable care act, and there's real opportunity to. people who are going to be making $70,000, more than the median family income in the united states, are eligible for subsidies under the law. it's just too generous to be afforded. patti ann: there's an article in "forbes," very interesting, that says that these health exchanges as liberals h
in an opinion piece this week that the president's health care reform must be included in deficit negotiations. >>> before you tell your kids a story of christmas, listen up. the pope is out with a new book, and it debunks a lot of details about jesus' birth. more on that later on this hour. >> here on the help desk we're talking about paying down debt and saving for the future. with me this hour are greg olson and carmen. greg, this question is for you. suzanne told us the more she spends on paying off her debt, the less she has to save. >> how do we balance between saving for the future and paying down some credit card debt? >> you know, those bills come in, and you see that debt, and your eyes just pop out of your head. >> it's an easy question, but i'm very glad she asked it because it's something that most people get wrong. unless you have an introductory rate or you're paying a sfwler 0% introductory rate and have the ability to transfer that in the future, low credit card debt rates are considered 12% right now. show me where you can get an investment that's going to net on an after tax
. as a clinician that these kids and families and our clinics in seeing the major education deficit on the fields today in all sports frankly, but also seeing the outcomes. some of the things that raise talking about in terms of understanding forces is really important and we just completed some work in developing measures they are using so we can understand their cognitive symptom kinds of effects of these to kids. i think that's very, very important outcome to what we need to link up with the games. from the perspective -- actually was at the aspen institute this summer, where u.s. nabobs question about, should we be eliminating football -- tackling a football before the age of 14. at that point i couldn't speak, although we did speak that night. one of the things i said as we've got to change things. in its current form of credit problem. although the age limit is something that has to be further studied here it is going to finish my comments with research, but maybe starts with research in trying to understand what evidence do we have. one of the things that is hopeful that i've seen in sport
Search Results 0 to 32 of about 33 (some duplicates have been removed)